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The jebali estate distributes property, basis to jebali of $14,000 and fair market value of $21,000, to beneficiary nora. the executor elects that jebali recognize the related $7,000 gain on the distribution. accordingly, nora's basis in the property is $ without the election, jebali recognize the gain, and nora's basis in the property would be $
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For fundamental-type variables, list-initialization syntax prevents narrowing conversions that could result in data loss. for fundamental-type variables, list-initialization syntax allows narrowing conversions that could result in data loss.
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The jebali estate distributes property, basis to jebali of $14,000 and fair market value of $21,000,...
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